Which of the following are true about railroad expansion in the late 19th century? Choose 3 that apply.

(2 points)

It led to new managerial forms and techniques.

it accelerated the growth of new territories

It was net paid for by the government

It grew too quickly and large corporations lost money.

1 answer

The three true statements about railroad expansion in the late 19th century are:

  1. It led to new managerial forms and techniques.
  2. It accelerated the growth of new territories.
  3. It grew too quickly and large corporations lost money.

The statement "It was net paid for by the government" is not accurate, as many railroads were built by private companies with significant investment from private investors, although the government did provide some land grants and subsidies.